The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand.
Tag: Ayhan Kose
World Bank: Global Economic Prospects Brighter
The World Bank Group’s Global Economic Prospects (GEP) report says developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger U.S. economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets.
Ghana Needs To Rebuild Fiscal Space To Weather Growth Slowdowns
Faced with weaker export prospects, an impending rise in global interest rates, and fragile financial market sentiment, developing countries including Ghana need to rebuild fiscal buffers to support economic activity in case of a growth slowdown, says the new edition of Global Economic Prospects, released by the World Bank Group.